Christ Church Hospital v. Fuechsel
Christ Church Hospital v. Fuechsel
Opinion of the Court
The opinion of the court was delivered, by
The covenant in the ground-rent deed in this case is, to pay “ the yearly rent or sum of thirty-two Spanish milled dollars, weighing seventeen pennyweights and six grains at least, on the 1st day of May, in each and every year thereafter, for ever.”
The court below seems to have been of opinion that the specific coins reserved in this deed for the rent, are legally represented by the paper dollars of our legal tender currency, and entered judgment in the case stated on this basis.
At the date of this covenant, the 25th of June, 1794, the great majority, of the coins in circulation in this country were foreign, differing in standard fineness and denomination. What might be the policy of Congress in regard to these coins, as measured by
But I think we have conclusively settled the point in the case of Mather v. Kinike, 1 P. F. Smith 425. We held in that case, that the rent being reserved in a certain coin, described as Spanish “ pieces of eight,” that it was payable in a commodity, and that the plaintiff was entitled to just so much lawful money as would equal it in value; in other words, that would purchase it. When we come to learn what these “pieces of eight” were, we find they were Spanish dollars: Rees’ Encye. vol. 28, tit. Pieces of Eight. Emerson’s Arithmetic, at p. 225, says, in speaking of Spanish coin, “ Eight reals make the piastre, which is also called the dollar of exchange.” Kelly’s Cambist, vol. 2, p. 301, is to the same import. It can hardly be supposed that the designation by different terms of the same thing will make it a different thing. Unless this be true, we have decided this question.
But the defendant in error argues that this covenant differs from that, inasmuch as in that, the stipulation Avas in the alternative ; that is to say, if not paid in “ Spanish pieces of eight,” then it was to he paid in so much lawful money of the province of Pennsylvania, as should be sufficient to purchase the coin. It seems to me, that the only difference between the covenants consists in expressing in the one what is implied in the other. If we ought to hold the reservation in this deed as solvable in a commodity of a certain description and Aveight, then our Iuay alloAVS its value to be paid in laAvful or legal tender currency. That is the settled rule in all cases of failure to deliver specific articles, and that is Avhat this case is, tested by the decision referred to.
But it is further argued that the Avord “ dollar,” occurring in the covenant before us, implies that dollars of any species, so
In Mervine v. Sailor, 2 P. E. Smith 18, some of us contended for this doctrine as applicable to a covenant to pay the rent in “ lawful silver money of the United States, each dollar weighing seventeen pennyweights and six grains at least.” But the majority held that the lawful silver money of the United States being legal currency, and “ lawful money,” a debt could be discharged by legal tender notes, made “ lawful money,” and that the covenant was only descriptive of lawful money in existence when it wras entered into, which the government might change. I admit that there is a distinction between the cases, one being solvable by express terms in lawful money of the United States, and the other not. Without enlarging, we think the court below erred in entering judgment as it did for $104.01, the exact number of dollars in the account, with interest, and that the judgment should have been for the value of the coin and interest, viz., for $164.51, with interest from the 22d September 1866, and costs of suit.
Judgment reversed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.